Bitcoin News

Bitcoin News

Markets

Anthony Pompliano's Bitcoin Treasury Firm ProCap BTC Closes SPAC Merger Deal

Shares in the company fell more than 50% this week as the merger approval went forward.

Credit: Kevin McGovern / Shutterstock.com

Markets

Trump’s Security Strategy: Impact on Bitcoin, Gold, Bond Yields

The White House's new National Security Strategy emphasizes increased global fiscal expansion and military spending.

Donald Trump (Jesse Hamilton/CoinDesk)

Markets

MARA Trades at a Premium Factoring in Its Debt, Not a Discount: VanEck’s Sigel

VanEck’s Matthew Sigel argues MARA’s valuation looks expensive when adjusted for its leverage and capital structure.

CoinDesk

Markets

Crypto Sector Lit Up Bright Red as Bitcoin Slips Back to $90K

Softer than expected private inflation data did spark some hope that the Friday decline could reverse.

Bitcoin (BTC) price on Dec. 5 (CoinDesk)

Markets

STRF Emerges as Strategy’s Standout Credit Instrument After Nine Months of Trading

The company's senior preferred stock has rebounded 20% from November lows, with investors apparently favoring that over the more junior issues.

STRF/STRD (TradingView)

Markets

JPMorgan Maintains Bitcoin's Gold-Linked Target at $170K Despite Recent Drop

The bank’s volatility-adjusted bitcoin-to-gold model still points to a theoretical price around $170K over the next six to twelve months.

Bitcoin Logo (Midjourney/modified by CoinDesk)

Markets

Here's How Much Bitcoin, XRP, Ether, Solana May Move on Friday's Inflation Report

A softer inflation report could lower the 10-year Treasury yield and support cryptocurrencies.

Trading screens (TheDigitalArtist/Pixabay)

Crypto Daybook Americas

Bitcoin Could Continue Chopping Below $95K Into Year-End and Altcoins Could Benefit, Analyst Says

Low-liquidity in December may cap bitcoin's recovery rally, but rangebound trading for the largest crypto could benefit smaller digital assets, Wincent's Paul Howard said.

Bitcoin (BTC) price on Dec. 4 (CoinDesk)

Markets

Bitcoin’s Negative Correlation With Nasdaq Persists, and History Suggests a Bottom May Be Forming

Historical patterns show that bitcoin often bottoms when its correlation with the Nasdaq 100 breaks down, a dynamic now appearing for the fourth time in five years.

BTCUSD vs Nasdaq 100

Markets

Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

The CEO of the asset management giant, whose IBIT is the largest of the spot BTC ETFs, said the state actors were buying not for a trade, but to hold for years.

Brian Armstrong and Larry Fink (David Dee Delgado/Getty Images)